iPower Inc. Changes Independent Auditors Amidst Financial Reporting Concerns

Reuters
2025/07/01
<a href="https://laohu8.com/S/IPW">iPower Inc.</a> Changes Independent Auditors Amidst Financial Reporting Concerns

**iPower Inc. Announces Change in Certifying Accountants** On June 24, 2025, iPower Inc., a Nevada-based corporation, announced a change in its independent registered public accounting firm. The company's audit committee approved the dismissal of UHY LLP, which had served as iPower's certifying accountant for the fiscal years ending June 30, 2024, and June 30, 2023. UHY LLP's audit reports for these years were unqualified and did not contain adverse opinions or disclaimers. Concurrently, iPower appointed HTL International, LLC as its new independent registered public accounting firm for the fiscal year ending June 30, 2025. The company had not consulted HTL International, LLC regarding any accounting principles or potential audit opinions prior to this appointment. iPower's decision follows the identification of material weaknesses in its financial statement closing process and communication procedures within its controlled subsidiaries, as disclosed in its recent Form 10-K. The company has ensured that UHY LLP received a copy of the Form 8-K disclosures and requested a letter addressed to the SEC confirming the firm's agreement with the statements made.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iPower Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-004824), on June 30, 2025, and is solely responsible for the information contained therein.

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